On May 1, 2002, the face amount of marketable U.S. government and federal agency securities held in custody by the Federal ReserveBanks for foreign official and international accounts was $ 742,007 million, a change of $ + 4,162 million for the week. The total includes$ 598,000 million of U.S. government securities and $ 144,006 million of federal agency securities. The total includes the face value ofU.S. Treasury strips and other zero coupon bonds.1 Face value of the securities.2 Net of $ 20,674 million (daily average over statement week) and $ 21,133 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 20,674 million (daily average) and $ 21,133 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 1,211 million (daily average) and $ 749 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.3 Includes $ 11,602 million of inflation-indexed securities valued at the original face amount and $ 1,073 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities.5 Consists of required clearing balances of $ 9,871 million and adjustments of $ 142 million to compensate for float.6 Excludes required clearing balances and adjustments to compensate for float.

* Estimated (Treasury's figures).Components may not add to totals due to rounding.

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKSMillions of Dollars

Change Since

ASSETS

*

Wednesday May 1, 2002

Wednesday Apr 24, 2002

Wednesday May 2, 2001

Gold certificate account

11,044

0

- 2

Special drawing rights certificate account

2,200

0

0

Coin

982

- 17

- 135

Loans

96

+ 30

+ 33

Acceptances

0

0

0

Repurchase agreements -- triparty (1)

34,500

+ 13,500

+ 5,243

Federal agency obligations (2)

Bought outright

10

0

0

Held under repurchase agreements

0

0

0

U.S. government securities (2)

Bought outright--Bills

192,016

- 1,697

+ 10,500

Notes (3)

283,536

+ 450

+ 35,569

Bonds (4)

105,308

+ 69

+ 8,148

Total bought outright (5)

580,860

- 1,178

+ 54,217

Held under repurchase agreements

0

0

0

Total U.S. government securities

580,860

- 1,178

+ 54,217

Total loans and securities

615,467

+ 12,353

+ 59,494

Items in process of collection

(1,314)

8,587

+ 1,194

- 925

Bank premises

1,512

- 3

+ 14

Other assets (6)

37,275

+ 83

+ 1,773

TOTAL ASSETS

(1,314)

677,066

+ 13,609

+ 60,219

LIABILITIES

Federal Reserve notes

614,024

+ 1,587

+ 54,609

Reverse repurchase agreements -- triparty (1)

0

0

0

Deposits

Depository institutions

30,954

+ 12,848

+ 6,944

U.S. Treasury--general account

4,323

- 1,932

- 1,391

Foreign--official accounts

92

+ 16

- 23

Other

(0)

212

- 19

- 157

Total deposits

(0)

35,582

+ 10,914

+ 5,374

Deferred availability cash items

(1,314)

8,592

+ 928

- 840

Other liabilities and accrued dividends (7)

2,373

- 50

- 1,137

TOTAL LIABILITIES

(1,314)

660,571

+ 13,380

+ 58,006

CAPITAL ACCOUNTS

Capital paid in

8,056

0

+ 1,013

Surplus

7,300

+ 10

+ 855

Other capital accounts

1,139

+ 219

+ 345

*Figures in parentheses are the eliminations made in the consolidation process.1 Cash value of agreements arranged through third-party custodial banks.2 Face value of the securities.3 Includes $ 6,591 million of inflation-indexed securities valued at the original face amount and $ 634 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Includes $ 5,011 million of inflation-indexed securities valued at the original face amount and $ 439 million of compensation that adjusts for the effects of inflation on the principal of such securities.5 Net of $ 21,133 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 749 million that are fully collateralized by otherU.S. government securities.6 Includes assets denominated in foreign currencies, revalued daily at market exchange rates.7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.Components may not add to totals due to rounding.

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, May 1, 2002

Millions of dollars

U.S. governmentsecurities (1,2)

Federal agencyobligations(2)

Loans

Holding

Weeklychanges

Holdings

Weekly change

RepurchaseAgreementsTriparty(3)

ReverseRepurchaseAgreementsTriparty(3)

Within 15 days

19

22,521

- 5,140

0

0

29,500

0

16 days to 90 days

77

122,738

- 3,805

0

0

5,000

0

91 days to 1 year

0

138,748

+ 6,282

0

0

------

------

Over 1 to 5 years

161,353

+ 968

10

0

------

------

Over 5 to 10 years

53,999

+ 448

0

0

------

------

Over 10 years

81,502

+ 69

0

0

------

------

Total

96

580,860

- 1,178

10

0

34,500

0

1 Includes $ 11,602 million of inflation-indexed securities valued at the original face amount and $ 1,073 million of compensation that adjusts for the effects of inflation on the principal of such securities.2 Includes face value of securities held under repurchase agreements classified by the remaining maturity of the agreements.3 Cash value of agreements arranged through third-party custodial banks classified by remaining maturity of the agreements.Components may not add to totals due to rounding.

H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON May 1, 2002Millions of dollars

ASSETS

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Gold certificate account

11,044

533

4,369

430

522

819

926

1,080

346

179

309

485

1,046

Special drawing rights certif. acct.

2,200

115

874

83

104

147

166

212

71

30

66

98

234

Coin

982

59

53

51

54

132

87

121

55

37

70

125

137

Loans

96

6

0

0

0

0

0

33

7

30

8

0

11

Acceptances

0

0

0

0

0

0

0

0

0

0

0

0

0

Repurchase Agreements -- triparty(1)

34,500

0

34,500

0

0

0

0

0

0

0

0

0

0

Federal agency obligations(2)

Bought outright

10

1

4

0

1

1

1

1

0

0

0

0

1

Held under repurchase agreements

0

0

0

0

0

0

0

0

0

0

0

0

0

U.S. government securities(2)

Bought outright--Bills

192,016

11,002

75,551

7,384

10,594

14,976

13,672

22,597

6,828

3,002

5,676

4,262

16,474

Notes (3)

283,536

16,245

111,560

10,903

15,644

22,114

20,189

33,367

10,082

4,432

8,381

6,293

24,326

Bonds (4)

105,308

6,034

41,435

4,049

5,810

8,213

7,498

12,393

3,745

1,646

3,113

2,337

9,035

Total bought outright(5)

580,860

33,280

228,546

22,336

32,049

45,303

41,360

68,356

20,654

9,080

17,170

12,891

49,835

Held under repurchase agreements

0

0

0

0

0

0

0

0

0

0

0

0

0

Total U.S.govt. securities

580,860

33,280

228,546

22,336

32,049

45,303

41,360

68,356

20,654

9,080

17,170

12,891

49,835

Total loans and securities

615,467

33,287

263,050

22,336

32,049

45,304

41,360

68,390

20,662

9,111

17,178

12,892

49,848

Items in process of collection

9,901

650

1,987

371

368

601

617

511

399

492

499

515

2,891

Bank premises

1,512

92

181

49

151

131

280

108

43

123

49

136

171

Other assets(6)

37,275

1,966

13,216

1,240

2,469

5,246

2,512

3,865

1,007

634

987

823

3,310

Interdistrict settlement account

0

- 1,936

- 5,374

- 2,215

- 2,195

+ 1,320

+ 1,284

- 1,401

- 1,075

+ 5,131

+ 559

+ 8,622

- 2,720

TOTAL ASSETS

678,380

34,765

278,354

22,345

33,522

53,700

47,233

72,885

21,508

15,737

19,718

23,695

54,918

1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities.2 Face value of the securities.3 Includes $ 6,591 million of inflation-indexed securities valued at the original face amount and $ 634 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Includes $ 5,011 million of inflation-indexed securities valued at the original face amount and $ 439 million of compensation that adjusts for the effects of inflation on the principal of such securities.5 Net of $ 21,133 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 749 million that are fully collateralized by other U.S. government securities.6 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.

Components may not add to totals due to rounding.

H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON May 1, 2002Millions of dollars

LIABILITIES

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Federal Reserve notes

614,024

30,544

256,639

20,553

28,956

46,699

43,598

66,256

20,177

13,758

17,342

21,583

47,918

Reverse repurchase agreements--triparty(1)

0

0

0

0

0

0

0

0

0

0

0

0

0

Deposits

Depository institutions

30,954

2,521

11,824

577

2,568

1,755

1,369

3,960

538

953

1,446

1,258

2,185

U.S. Treasury--general account

4,323

0

4,323

0

0

0

0

0

0

0

0

0

0

Foreign--official accounts

92

2

68

1

3

7

2

3

1

1

1

1

3

Other

212

11

71

0

0

117

0

1

3

2

5

1

1

Total deposits

Deferred credit items

9,906

641

1,087

640

449

715

1,032

732

296

533

429

414

2,941

Other liabilities and accrued dividends (2)

TOTAL LIABILITIES

661,885

33,861

274,743

21,877

32,114

49,542

46,196

71,206

21,118

15,324

19,318

23,345

53,241

CAPITAL ACCOUNTS

Capital paid in

8,056

430

1,682

223

680

2,114

450

801

203

306

191

167

808

Surplus

7,300

418

1,504

221

665

1,757

535

793

149

106

191

164

796

Other capital accounts

1,139

56

425

24

63

286

52

85

37

0

18

19

73

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

678,380

34,765

278,354

22,345

33,522

53,700

47,233

72,885

21,508

15,737

19,718

23,695

54,918

FEDERAL RESERVE AGENTS' ACCOUNTS

F.R. notes outstanding

748,783

35,156

298,942

27,554

33,814

56,741

61,685

72,979

23,818

15,975

21,270

34,058

66,791

Less--Held by F.R. Banks

134,759

4,613

42,303

7,001

4,858

10,042

18,087

6,723

3,641

2,217

3,928

12,475

18,872

F.R. notes, net

614,024

30,544

256,639

20,553

28,956

46,699

43,598

66,256

20,177

13,758

17,342

21,583

47,918

Collateral held against F.R. notes

Gold certificate account

11,044

Special drawing rights

certificate account

2,200

Other eligible assets

0

U.S.govt. and agency securities(3)

600,780

Total collateral

614,024

1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities.2 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.3 U.S. government and agency securities bought outright or held under repurchase agreement are valued at face amount. Includes cash value of repurchase agreements under triparty arrangements and excludes the par value of securities pledged under reverse repurchase agreements.